Sunday, 31 December 2017

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Erik Voorhees always seems slightly out of step. An early evangelist for the tech, Voorhees may be a rarity in that he has not only maintained but grown his relevance on the industry stage, all the while fighting for an unpopular block size increase and launching projects that seem years ahead of their time. Still, controversy seems not to catch this sly fox, as 2017 saw a victory lap for Voorhees, who emerged as one of the few early advocates who's been able to adapt to its changes.

In darkness or in light? Either way, Baldet seems right at home whether she's onstage at a banking conference or somewhere in the islands, posing for pictures at an "ethereum unicorn party." Will she emerge as a real deal innovator? Or is she the ultimate imposter banking infiltrator? While Baldet's story is yet to be told, her association with one of the largest banks in the world, and power position on its so far compelling blockchain efforts are more than enough to enthrall imaginations.

Master of the ASICBoost, conjurer of Antbleed... Perhaps no character in the pantheon of industry leaders has been the subject of more conspiracy theories than Mr. Wu, a passionate bitcoin believer who's been reviled for his views. The young co-founder of Chinese mining giant Bitmain, he might not exactly be the villain we all believe. But, what might be for certain is that if there's a title for "most misunderstood," Wu would win hands down.

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The man behind the sign steps into the light to reveal his motives. In a year beset by savage infighting, Bitcoin Sign Guy took a stand, with a small action that not only broke the internet, but raised the spirits of a beleaguered bitcoin community then ravaged by a years-long intellectual war. Were we all Satoshi? Maybe not in 2017. But, we were all "Bitcoin Sign Guy." Read more:

"Bitcoin is a fraud." Four small words ignited a maelstrom when JPMorgan CEO Jamie Dimon took the stage at a conference in September. The blockchain world was never quite the same again. In response, bitcoin became the talk of Wall Street, and in that dialogue a beast was unleashed that maybe ... just maybe ... took bitcoin out of obscurity, to its new peaks above $10,000.

It's good to be Charlie. After years of working at the first "Bitcoin Unicorn," Lee stepped out on his own in 2017 to take up arms against those who would delay bitcoin technical development. His weapon? The cryptocurrency network: litecoin. With the network – once languishing, now revitalized – Lee pulled no punches, becoming the opinionated voice of reason in a market that's known for its insanity.

If crypto assets really are the "Craziest Bubble Ever," then Naval Ravikant is the movement's elder statesman. The founder of AngelList, Ravikant didn't talk much about startups in 2017, instead preaching the gospel of the ICO on Twitter in 140-character bursts that were part roadmap and part prophecy for a burgeoning industry. In the process, he helped open doors for a new wave of innovative cryptocurrency projects, giving a vital boost to an industry that had all but been locked out of Silicon Valley following bitcoin's 2015 correction.

Part sheriff? Part outlaw? Either way, Joe Lubin appears right at home in the "Wild West" of cryptocurrencies. The leader of a company that's part ethereum project incubator, part change-the-world commune, Lubin showed no shortage of influence in 2017, launching some of the first successful ethereum tokens and winning over countless enterprises to the platform. If Vitalik envisioned the new world, Joe Lubin just might be colonizing it.

Call it the biggest short in history. China took plenty of actions against cryptocurrencies in 2017, banning ICOs, shutting down domestic exchanges and all but taking a match to what was once one of the industry's largest and most thriving ecosystems. But if China is setting a course apart from the world, Yao Qian may be its biggest asset. The man in charge of rethinking bitcoin on behalf of the world's largest state isn't just empowered, he seems to know crypto inside and out.

Speak softly and carry a big SegWit? If bitcoin saw its biggest and most controversial change this summer, the evolution can all be traced back to one developer. Still, the founder of the controversial startup Blockstream and the network's most prodigious coder, Pieter Wuille, is a bit of a mystery. In an industry with no shortage of egos and bluster, though, Wuille is a rarity, choosing to let his code do the talking for him.

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KIEV (REUTERS) - Kidnappers in Ukraine have released an employee at a British-registered cryptocurrency exchange after getting more than US$1 million (S$1.34 million) in bitcoins as ransom, an adviser to the Ukrainian interior minister told Reuters. Pavel Lerner, a leading analyst and blockchain ...

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Friday, 29 December 2017

On tonight's episode of "The Crypto Show," Danny joins us from Jeff Berwick's house in Acapulco. Jeff gives us the rundown on the upcoming fourth annual Anarchapulco Conference in Acapulco, including some of the speaker highlights, first and foremost among them, Ron Paul. We talk about some of the topics and themes for this year's conference, the workshops and extracurricular activities, and some of the other things that attendees can expect this year. We also discuss the future of Bitcoin and what are some promising altcoins in Jeff's opinion. Lastly, Danny fills us in on some Dash ATMs that he is helping to get installed locally here in Austin, Texas, as well as on the work that he is doing with a local orphanage in Acapulco.

A special Christmas Eve edition from Acapulco Mexico. Danny talks with Mike Nimitz about their plans to bring Christmas to a local orphanage in Acapulco "Marsh Children's Home" all funded with Dash.Hind site to this it was an awesome day for us.

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In May of 2015, Ross Ulbricht was sentenced to life in prison without parole for his role in operating the dark web site Silk Road. Exactly two years later, the Court of Appeals for the Second Circuitupheld his convictionand sentencing.

Now in a landmark request, Ulbricht has appealed to the the Supreme Court (SCOTUS) regarding the Second Circuit’s decision. Apetition for a writ of certiorari has been submittedseeking a hearing for the overturn of the decision upheld this year by the Second Circuit Court of Appeals.

Ross William Ulbricht respectfully petitions for a writ of certiorari to review the judgment of the United States Court of Appeals for the Second Circuit in this case.

A writ of certiorari is a demand placed upon the lower court that upheld Ulbricht’s conviction and sentence to turn over its records so that the Supreme Court may review them and determine whether further action is needed.

The nine-member Supreme Court, which serves as the nation’s final arbiter in legal matters, isvery selectivein the cases it hears, often pursuing those with national significance in order to establish precedence or to clarify contradictions in existing decisions. Four of the justices must vote to accept a case in order for it to be heard.

The SCOTUS has a low reversal rate in Second Circuit Court rulings. Thus, even if the case is ultimately heard, there’s no guarantee that Ulbricht will receive relief or be vindicated.

Kannon K. Shanmugamis the counsel of record managing the appeal. Widely regarded as one of the top appellate attorneys in the U.S., Shanmugam was a former law clerk to the late Justice Antonin Scalia and has argued 21 cases before the Supreme Court.

Ulbricht’s court request highlights two important constitutional law questions. The first involves the Second Circuit codification of the government’s warrantless collection of Ulbricht’s internet traffic information. This case would afford the SCOTUS an ideal opportunity to address theCarpenter v. United Stateswarrantless search case doctrine and how it may apply to Ulbricht’s case.

Second, the Second Circuit upheld the court’s original decision to withhold information regardingcorruption investigationsinto two agents from the jury. This decision impacted the sentencing guidelines -- a key element in the court imposing a life sentence on Ulbricht. Several justices have previously questioned whether this method of judicial fact-finding runs afoul of theSixth Amendment.

Reached by phone from Colorado, where she now resides and where Ulbricht is imprisoned, Ulbricht’s mother, Lyn Ulbricht, said, “We are battling for Ross, love Ross and feel that he doesn’t belong in prison, let alone a maximum-security facility. He’s a nonviolent, wonderful person that never meant any harm to anyone.”

She asserts that the U.S. government’s aggressive stance involving the drug war and nonviolent crimes has become quite alarming and believes that if the Supreme Court accepts her son’s case, it will have far-reaching implications for constitutional protections of all citizens.

Lyn Ulbricht says that she’s grateful for the massiveoutpouring of support on Twitterin response to this Supreme Court filing. “We’ve received lots of support from everyday people who know that this is not about drugs but about a much bigger-picture issue.”

She hopes that this case will shine a light on the unconstitutional encroachment of our government and the media sensationalism that supports it.

“I’m not going to give up, and our family is not going to give up. This is about important constitutional protections and freedoms for us all. So we will continue to talk about Ross and our rights as American citizens.”

According to the developers, Nexus technology offers improvements over existing blockchain systems like Bitcoin and Ethereum. For example, NexusfeaturesSHA-3cryptography with 571-bit keys, which is believed to offer “quantum security” against future attacks based on next-generation quantum computers. Nexus is also developing a “3D Chain” (3DC) to address the current challenges of speed and scalability in the cryptocurrency industry.

“The future of Nexus combines satellites, ground-based mesh networks, and blockchain technology to facilitate the formation of a decentralized internet,” notes the joint press release. “Nexus is building the foundation to broadcast the blockchain and Nexus Network from space,” adds the Nexus website. Basing the Nexus cryptocurrency in space can, according to the developers, protect it from interference from governments and corporations.

“With Bitcoin’s valuation at an all-time high, people are beginning to accept cryptocurrency as a real form of payment, but there are still problems with storage and ownership,” Colin Cantrell, founder and lead core developer of Nexus, said in a statement. “The capabilities provided by the GalacticSky platform, combined with the flexibility of Vector’s launch model, bring us one step closer to accomplishing our mission of providing the world with a decentralized currency that can be accessed virtually anywhere, anytime.”

While the Nexus cryptocurrency is not directly related to decentralizing the internet, its future infrastructure, based on satellites and mesh networks, is.

Vector’sGalacticSkyplatform,launched in 2016, is a “satellite virtualization platform” that offers customers the possibility to test new space applications with satellites already in orbit, before committing to the costly process of designing and launching their own satellites. GalacticSky customers will be able to reconfigure existing micro satellites dynamically and in near real-time, just likesoftware-defined radiosystems. In fact, Vector describes GalacticSky as a software-defined satellite platform. Established to develop affordable launch capabilities and in-orbit platforms for the micro-spacecraft sector, Vectorhas been describedas a hot space startup and a potential SpaceX competitor.

“Over the last year, we’ve made many advancements in order to solidify our standing as a leading nanosatellite launch company,” said Vector co-founder and CEOJim Cantrell,the father of Nexus’s Colin Cantrell. “Housing Nexus’[s] cryptocurrency on our GalacticSky platform not only validates our proof of concept, but demonstrates how prolific this opportunity is for startups looking to innovate in space without the need to build their own satellite.”

Jim Cantrell was also on the founding team of Elon Musk’s SpaceX and Moon Express, the first private company to attempt to land on the lunar surface. Earlier this year, Vector and Citrixpartneredto bring data center and cloud virtualization technology into space. Vector alsoannounced a partnershipwith Astro Digital to launch one of Astro Digital’s satellites in 2018.

The ambitious plans of Vector and Nexus can be compared to theBlockstream Satelliteservice, which broadcasts real-time Bitcoin blockchain data from satellites in space. An important difference is that Blockstream doesn’t operate satellites butuses existing commercial satellitesas relays.

An even more important difference is that, with the new initiative, the new and independent Nexus cryptocurrency will be really based in space, running on a blockchain distributed across across multiple satellites. Therefore, according to the joint press release, “Nexus is no longer tied to a nation-state and can create the backbone for a more decentralized financial ecosystem.”

Kidnappers in Ukraine have released an employee at a United Kingdom-registered cryptocurrency exchange after getting more than $US1 million ($1.3 million) in bitcoins as ransom, an adviser to the Ukrainian interior minister has announced. Pavel Lerner, a leading analyst and blockchain expert, was ...

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KIEV (Reuters) - Kidnappers in Ukraine have released an employee at a United Kingdom-registered cryptocurrency exchange after getting more than $1 million in bitcoins as ransom, an adviser to the Ukrainian interior minister told Reuters on Friday. Pavel Lerner, a leading analyst and blockchain ...

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